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Obscurity and simplicity
The British economist John Kay is one of my favorite sources of balanced and deeply insightful commentary on an extraordinary number of topics. I wish I could write as easily and productively as he does. He has a great post that is, in particular, on Warren Buffet, but is more generally on an intellectual affliction affecting finance whereby purposeful obscurity often wins out at the expense of honesty and simplicity. Well worth a read. BUT... I think this actually goes way beyond finance. It's part of the human condition... more on that tomorrow....
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